In my previous article titled As a Registered Valuer for a Real Estate Company, I discussed the many roles that a registered valuer plays with companies that are in the real estate business. Now I’d like to go into some of the more specific duties associated with being a registered valuer. A real estate company often needs an individual or individuals who are trained in estate law and has experience in working with and advising estate related firms. The first duty of a registered valuer is to act as the company’s representative in all matters related to estate planning. This includes but is not limited to, advising the company on legal, financial and strategic issues.
Another duty is to provide legal and accounting advice to the company. They are responsible for assisting and working with accountants, lawyers and real estate planning attorneys. Additionally they will be responsible for ensuring that the company’s books are accurate and up-to-date at all times. As with many other firms in the real estate planning and networking industry, they will have regular meetings with accountants and attorneys to discuss real estate planning issues and their impact on the company. They will also have periodic meetings where they meet with prospective clients and/or their representatives in order to brief them on the many aspects and details of estate planning and real estate marketing.
If you’re considering becoming a registered valuer, consider becoming a member of your local Association of Certified Valuers. Not only will this association provide training, but it also provides a forum for active registered valuers to meet and work together as a community. The great thing about becoming a member of this organization is that it will provide you with a continuous source of information. You will become a valuable resource for your fellow members of the association. When considering becoming a member of any association, whether it be a real estate planning association or real estate marketing association; take the time to consider the duty of a registered valuer. There is a lot to gain and little to lose in becoming a registered valuer.